1. Goldman Sachs, but exclusively for the Bitcoin economy.

2. A Fidelity Investments built specifically for Bitcoin.

• Bitcoin Investment Management: The company offers and manages various investment products focused on Bitcoin.
• Bitcoin Prime Brokerage: It provides institutional clients with comprehensive trading and execution services for Bitcoin.
• Bitcoin Custody Solutions: The company offers secure storage and management services for Bitcoin assets.

• Individual Investors (Retail Clients): These customers are individuals who use ProCap Financial's services to buy, sell, hold, or otherwise manage their Bitcoin investments. They typically seek access to the Bitcoin market through secure and user-friendly platforms.
• Institutional Investors: This category includes hedge funds, asset managers, family offices, and other financial institutions. These clients typically require sophisticated Bitcoin financial products, large-volume trading capabilities, secure custody solutions, and potentially bespoke advisory services related to Bitcoin and digital assets.
• Corporate Clients and Businesses: This segment consists of companies that may want to integrate Bitcoin payments into their operations, hold Bitcoin on their balance sheets for treasury management, or require infrastructure and services for their own Bitcoin-related initiatives.

Anthony Pompliano, Chairman of the Board and Chief Executive Officer

Anthony Pompliano is the Chairman of the Board and Chief Executive Officer of Silvia, Inc., formerly ProCap Financial, Inc.. Throughout his career, Mr. Pompliano has built and sold numerous technology companies. He co-founded and served as a managing partner at Full Tilt Capital from 2016 until its acquisition by Morgan Creek Digital Assets in 2018, where he then co-founded and was a managing partner from 2018 to 2020. He has also invested in over 300 private companies in the last 14 years. Before his investment career, he led product and growth teams at Facebook and served as a sergeant in the U.S. Army.

Renae Cormier, Chief Financial Officer

Renae Cormier is the Chief Financial Officer, responsible for leading Silvia's finance and accounting functions. She possesses more than two decades of experience in accounting, finance, and investing. As of September 1, 2026, she held 409,712 shares of the company's common stock directly.

Megan Pacchia, Chief Operating Officer

Megan Pacchia is the Chief Operating Officer, overseeing the company's operations, strategic initiatives, and organizational growth. Prior to joining ProCap Financial (now Silvia), she was a Partner in the Consumer Practice at McKinsey & Company for 14 years, where she advised Fortune 500 companies on enterprise transformation and growth strategies. She also held roles at Morgan Stanley in both its Chief Investment Office and Equity Capital Markets group. Ms. Pacchia is a co-founder of PubKey, a recognized hub for Bitcoin enthusiasts.

Kyle Wood, Chief Legal & Compliance Officer

Kyle Wood serves as the Chief Legal & Compliance Officer, responsible for the company's legal strategy and compliance efforts. He brings over two decades of experience advising high-growth technology companies, venture-backed startups, and institutional investors. Before joining ProCap Financial (now Silvia), Mr. Wood was a Partner at Perkins Coie, LLP, and held senior legal roles as General Counsel for both public and private firms, with expertise spanning traditional financial services and digital assets.

Shain Noor, Chief Technology Officer

Shain Noor is the Chief Technology Officer, responsible for growing the Silvia product and overseeing all technology products across the company. He assumed this role following ProCap Financial's acquisition of CFO Silvia, Inc., a company he co-founded.

The key risks for Silvia (SVIA), an AI-powered personal CFO platform and bitcoin-native financial services company, include its significant financial instability, the inherent volatility and regulatory uncertainty of the cryptocurrency market, and the operational and security risks associated with digital assets.

1. Financial Instability and Lack of Profitability: Silvia (formerly ProCap Financial, Inc.) faces substantial financial challenges, characterized by extremely weak fundamentals. The company reported negligible quarterly revenue ($37,000) against a significant net loss ($65.0 million), indicating a nearly 100% negative EBITDA margin and a lack of operational scale. Furthermore, a negative free cash flow of $11.4 million and negative working capital of -$77 million highlight elevated liquidity and refinancing risks, suggesting potential sustainability concerns.

2. Market Volatility and Regulatory Uncertainty of Cryptocurrency: As a "bitcoin-native financial services company," Silvia's business model is intrinsically linked to the highly volatile cryptocurrency market. The company's Net Asset Value (NAV) is directly tied to its Bitcoin holdings, making it susceptible to dramatic and unpredictable price swings inherent in digital assets. Beyond price fluctuations, the broader cryptocurrency industry operates under significant and evolving regulatory uncertainty, which can impact operations and business prospects, and lacks traditional investor protections such as FDIC insurance.

3. Security and Operational Risks of Digital Assets: Companies operating in the cryptocurrency space, including those providing bitcoin-native financial services, are exposed to considerable security and operational risks. Cryptocurrency exchanges and wallets are frequent targets for cyberattacks, phishing scams, and fraud, leading to billions of dollars in stolen digital assets, with victims often having little recourse due to the irreversible nature of transactions. The failures of other crypto platforms have also highlighted risks such as the commingling and mismanagement of customer funds and inadequate capital, posing systemic risks within the industry.

• Increased competition from traditional financial institutions: The rapid entry of established financial giants (e.g., BlackRock, Fidelity) into the Bitcoin market, especially following the approval of spot Bitcoin exchange-traded funds (ETFs), presents a significant emerging threat. These institutions possess vast capital, extensive client bases, regulatory expertise, and trusted brands, allowing them to offer Bitcoin-related financial services (such as custody, trading, and investment products) that directly compete with and could potentially overshadow smaller, bitcoin-native firms.
• Advancements and adoption of decentralized finance (DeFi): As decentralized protocols and platforms mature, offering increasingly sophisticated, user-friendly, and secure ways for Bitcoin holders to engage in financial activities (e.g., lending, borrowing, and trading) without centralized intermediaries, they pose a disruptive threat. If Bitcoin users increasingly migrate to DeFi solutions, it could diminish the demand for centralized "bitcoin-native" financial services offered by companies like ProCap Financial.

Silvia (symbol: SVIA), formerly ProCap Financial, Inc., operates as an AI-powered personal CFO platform designed to assist independent investors in managing, monitoring, and analyzing their financial positions in real time. The company's services encompass personal financial management tools, portfolio tracking, investment analysis, tax analysis, and AI-driven financial intelligence services, allowing users to consolidate and track various assets, including cryptocurrencies. The company is based in New York, New York.

The addressable markets for Silvia's main products and services can be quantified as follows:

• The global Artificial Intelligence (AI) Personal Finance Platform market is projected to reach approximately $8.17 billion in 2026.
• The global Personal Finance Software market is projected to reach approximately $2.04 billion in 2026. In the U.S. specifically, this market is projected to reach $0.34 billion by 2026.
• The global Robo-Advisory Service market is projected to be approximately $42.16 billion in 2026.
• The global Wealth Management Software market is projected to reach approximately $7.2 billion in 2026.

Expected Drivers of Future Revenue Growth for Silvia (SVIA)

• Expansion and Adoption of AI-Powered Personal CFO Platform: Silvia, Inc. designs, develops, and operates an AI-powered personal CFO platform that assists investors in managing, monitoring, and analyzing their financial positions in real time. Growth in the user base and increased utilization of its personal financial management tools, portfolio tracking, investment analysis, tax analysis, and AI-driven financial intelligence services are expected to drive revenue.
• Growth through New AI Initiatives and Product Development: The company has expanded its AI-driven initiatives, including the launch of ProCap Insights and the acquisition of CFO Silvia, an AI financial technology platform. Silvia's AI agent lab, focused exclusively on finance, has demonstrated superior performance compared to other AI models in personal finance topics such as tax, mortgage, and credit cards, leading to improved accuracy, faster response times, and reduced costs. Leveraging these proprietary AI capabilities to attract more users and offer advanced solutions is a key growth driver.
• Development and Expansion of Asset Management and ETF Offerings: Silvia has entered the asset management sector with the Silvia Innovation Fund I, targeting technology-sector investments. The company also has plans for further ETF business development, indicating new revenue streams from managing assets and potentially launching exchange-traded funds.
• Increased Demand for Integrated Digital Asset Management: While its core focus is AI-driven financial services, Silvia's platform enables users to consolidate and track various assets, including cryptocurrencies. The broader acceptance and growth of digital assets, coupled with the platform's comprehensive financial management capabilities, could attract more users seeking integrated solutions, thereby contributing to revenue growth.

Share Repurchases

• ProCap Financial initiated a share buyback program that reached 12.2% of shares outstanding.
• The company repurchased 2.2% of its shares at a discount.

Share Issuance

• The company was founded in 2025 and has 88.37 million shares outstanding as of September 2026.

Inbound Investments

• Silvia, Inc., formerly ProCap Financial, Inc., raised more than $750 million from leading investors since its founding in 2025.

Capital Expenditures

• Net Property, Plant & Equipment was reported at $0.1 million in December 2025 and $1.3 million as of the last report (Q3 2026), indicating minimal capital expenditures.